and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

We study the effects of an annuity market imperfection on individual agents' labour supply and retirement decisions and …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

demography. We use a forward-looking and dynamic approach that considers the entire population distribution. We find that this … and future policy choices. Other implications arising from China’s demography, including the growth model, the pension …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

entering the retirement age. The forecast is based on the assumptions referring to the demographic, social and economic …